When calculating Form 7203, what if you can't take the full loss shown in Box 1 of your K-1 because you don't have enough stock/debt basis? Meaning, how do you enter this in TurboTax? In the past, I would enter the K1 figures into TurboTax and they populate where it goes. And where exactly do you enter the carryover difference so TurboTax knows to apply that to the following tax year?
